Monday, Mar 02, 2015
March 2, 20152:18 am

The Budget is important for economic reasons that allows for a decent improvement in capital expenditures.

March 2, 20152:09 am

Higher capacity utilisation, lower commodity prices, improved working capital cycle, lower interest and tax rates will accelerate earnings growth over next 8 quarters.

March 2, 20152:05 am

A report on Budget implementation reveals that 17 Rs 100-cr projects are still to be rolled out.

March 2, 20151:55 am

To curb the formation of shell companies, which are located abroad but controlled from India, to evade taxes, the government has amended the income tax act by introducing the concept of ‘place of effective management’. Following the amendment, all such companies would be taxable in India even if they are incorporated abroad but their key […]

March 2, 20151:41 am

Section 11AC of the Excise Act has been amended for similar cases and the taxpayer can now pay the duty along with a penalty of 10 per cent of the duty.

March 2, 20151:38 am

It is also silent on tax provisions for new asset classes in the scheme.

March 2, 20151:37 am

At present, on the back of exemptions & deductions, actual tax rate is 23.22%.

March 2, 20151:33 am

By choosing to keep the fiscal deficit at 3.9 per cent and phasing it to 3 per cent over three years, the FM has kept room for greater public spending on investment.

March 2, 20151:32 am

This means companies like TripAdvisor, who act as aggregators, will have to pay the service tax, Mishra explained.

March 1, 20154:10 am

Jaitley’s speech didn’t make even any mention of food and fertiliser subsidies, which were left at the same levels as last year.

March 1, 20153:46 am

After years of plying an autorickshaw in Rourkela, their father got a stable job 10 years ago at the SAIL plant.

March 1, 20153:42 am

The proposed merger of the Forward Markets Commission (FMC) with Sebi was recommended by the Justice Srikrishna committee.

March 1, 20153:38 am

Finance minister proposes setting up of autonomous Bank Board Bureau.

March 1, 20153:32 am

The Union Budget 2015-16 will also be known for implementing International Finance Centres in the Indian economy.

March 1, 20153:30 am

The central bank will have to commit to keeping inflation below 6 per cent.

March 1, 20153:30 am

Leather footwear to get cheaper.

March 1, 20153:19 am
One Rank One Pension, Arun Jaitley, Finance Ministry, Armed Services, Defence Ministry, Union Budget 2015

Jaitley said that the effective collection of corporate tax was about 23 per cent.

March 1, 20153:18 am

He tried for a government job but everywhere, he says, was asked for a bribe of at least Rs 1 lakh.

March 1, 20153:13 am

PPP mode of infrastructure development to be revisited, revitalised.

March 1, 20153:10 am

Expert panel to work on replacing multiple permissions.

March 1, 20153:14 am

Packaged vegetables to get cheaper; life insurance scheme for elderly exempted.

March 1, 20153:04 am

Kaushal is one of around 100 Class X-pass youths here looking for jobs.

March 1, 20153:04 am

Move to bring about operational efficiency, financial autonomy.

March 1, 20152:59 am

Finance Minister Arun Jaitley said, “Enhancing the employability of rural youth is the key to unlocking India’s demographic dividend.”

March 1, 20152:57 am

To be auctioned in plug-and-play mode; clean energy cess on coal to be hiked.

March 1, 20152:53 am
RIL’s refinery at Jamnagar, the world’s biggest. (Source: Express)

The provision is at present available only to firms that employ 100 new workers in a fiscal.

March 1, 20152:49 am

Bank to lend to set up SMEs, encourage entrepreneurship among SC/STs, OBCs.

March 1, 20152:49 am

His family of six survives on his brother’s income of Rs 6,000 as a driver, while his parents work on their half-acre field.

March 1, 20152:46 am

The net transfer of resources to states amounts to Rs 8.43 lakh crore or roughly 62 per cent of the shareable pool.

March 1, 20152:40 am

Under the Rs 94,588 crore capital expenditures that are likely to follow, the Army will be spending approximately Rs 26,300 crore on buying equipment.

March 1, 20152:30 am

The agriculture ministry’s flagship programmes under the UPA like Rashtriya Krishi Vikas Yojana will see a huge cutback.

March 1, 20152:26 am

Reduced subsidy provision on account of fall in crude prices.

March 1, 20152:12 am

“I have visited every possible industry in Nagpur’s Butibori and Hingna industrial estates, but there has been no response,” Janardan says.

March 1, 20152:04 am

“This will lead to tax simplification and enable the department to focus more on ensuring tax compliance and widening the tax base,” said Jaitley.

March 1, 20152:01 am
real estate

Stating that a large quantum of funds are locked-up in various completed projects, Jaitley said they need to be released for new infrastructure projects to take-off.

March 1, 20151:56 am
The Asia Pacific region does not generate as much interest as a possible work destination as the US or Europe. (Reuters)

In a major rejig in retirement savings, workers will have a choice on whether to invest in the EPF or the National Pension System.

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